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Essex
1 Bridge St
$448,000
● House - Off Market

1 Bridge St

Manchester, MA 01944
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,030 Ft²
$2,510
Est. Monthly

About This Property

An antique gem in the heart of the village. The perfect getaway with sunfilled rooms and inner harbor views. Renovated in the late 1990's with whimsical columns, painted floors, galley kitchen, tapestry ceiling in master bedroom with roman bathroom-make this a hide-away delight. Mature wisteria wraps the pergola shading the terrace and providing privacy. Wrought iron fence & gates along with creeping ivy make this a cottage from the past. Floor to ceiling windows downstairs-watch the world go by
Unit Size
1,030 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$435
Property Type
House
Property Taxes
$309
HOA Dues
-
Year Built
1905

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 12 months ago (MLSPIN #71072059)

Price History

Date / Event Date Event Price
May 27, 2021 Sold
Premium
Sold
Apr 27, 2021 Listed by J. Barrett & Company $548,000
Listed by J. Barrett & Company
Apr 27, 2010 Listed by J. Barrett & Company $448,000
Listed by J. Barrett & Company
Oct 29, 2001 Sold
Premium
Sold
Oct 5, 2001 Listed by J. Barrett & Company $420,000
Listed by J. Barrett & Company
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,246
  • Total Building Area: 1,144
  • Gross Building Area: 1,245
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000029
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Manchester Essex Regional School District
  • School Tax School District: MANCHSTR ESSEX
  • Census Tract: 218100

Zoning

  • Zoning: G

Geography

  • District: 166
  • Parcel: MANC M:0028 B:0000 L:0052
  • Lot: 52
  • Municipality: MANCHESTER
  • Latitude: 42.5746
  • Longitude: -70.7749

    Address

  • Full Address: 1 Bridge St
  • Address - House Number: 1
  • Address - Street Name: Bridge
  • Address - Suffix Type: St
  • State: MA
  • City Name: Manchester
  • Carrier Code: C002
  • 4-Digit Zip Code: 1409
  • Zip Code: 01944

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $581,100

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 746,942
  • High Value: 864,533
  • Low Value: 629,351

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $621,500
  • Assessed Land Value: $167,200
  • Assessed Improvements Value: $454,300

    Sales

  • Current Sale Contract Date: May 24, 2021
  • Current Sale Recording Date: May 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210527001410
  • Previous Sale Recording Date: Oct 29, 2001
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Essex

Stats & Trends

Median Asking:

$699,500

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2549 ft²

Average Home Age

72.5 years

Currently For Sale

1472 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 12 months ago
Data Source: MLS PIN, MLS# 71072059

Frequently Asked Questions

When was property at 1 Bridge Street built and last sold?
The property at 1 Bridge Street was built in 1905 and last sold on May 24, 2021 for $575,000.
How much is this home worth?
The estimated value of the home located at 1 Bridge Street is $548,039.
What are some comparable homes to 1 Bridge Street?
There are currently no comparable homes to 1 Bridge Street.
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